The $290m Fiji’s first casino:US$100,000 per month penalty if Oct 1st deadline is missed

It has been confirmed that Fiji’s first ever $290m casino developers, One Hundred Sands Limited will have to pay the Fiji government US$100,000 per month if the project is not completed by October 1, 2013.

And as per the penalty clause in the casino license, the company will have to continue paying the penalty until the casino is completed.

It has been confirmed that the construction work will begin at a new location in Nadi by next week.

Click on the following link to access statement from the casino developer: